Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover-Shanghai Metals Market

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Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

Industry News 10:15:57AM Feb 14, 2012 Source:SMM

Feb. 14 -- OAO GMK Norilsk Nickel (GMKN), the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.

 

Price

more
#1 Lead
Apr.19
16550.0
50.0
(0.30%)
T/C for domestic lead concentrate
Apr.01
1850.0
0.0
(0.00%)
T/C for imported lead concentrate
Apr.01
27.5
0.0
(0.00%)
#2 Lead
Apr.19
16500.0
50.0
(0.30%)
Secondary Lead
Apr.19
16100.0
50.0
(0.31%)

Norilsk Advances Most in a Month on Nickel Prices: Moscow Mover

Industry News 10:15:57AM Feb 14, 2012 Source:SMM

Feb. 14 -- OAO GMK Norilsk Nickel (GMKN), the world’s largest producer of the metal, advanced the most in a month in Moscow trading after prices of the commodity increased.

Norilsk rose 3.1 percent to 5,801 rubles, the biggest gain since Jan. 12, by 3:00 p.m. in Moscow. Nickel for three-month delivery jumped 1.4 percent to $20,995 a metric ton in London.